Next
438/500
Back

Tippi Toes Dance Co. Inc.

2014 Franchise 500
#438
At a Glance

Products & Services: Children's dance classes

Number of Locations: 19

Total Investment: $52K - $62.5K

Founded: 2002

Began Franchising: 2009

About Tippi Toes Dance Co. Inc.

Tippi Toes Dance Co. franchisees offer classes, camps and parties that teach ballet, tap, jazz and hip hop dance techniques to children from 18 months through 12 years of age, using the company's original music and choreography. The company, founded by Sarah Nuse and Megan Reilly, began franchising in 2009.

Franchise Units

Year U.S. Canadian International Company Owned
2014 17 0 0 2
2013 17 0 0 1
2012 13 0 0 1
2011 8 0 0 1
2010 6 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $52,000 - $62,500
Franchise Fee: $32,000
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $15,000
Operations
Franchise can be run from home. 7% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 week.
Ongoing Support: Meetings, Internet

Franchise Ranking History

Franchise 500®: #438 (2014),
Top New: #52 (2014),